Nissan Visa Card Account Agreement and Pricing Information

Synchrony Financial's filed agreement for Nissan Visa Card Account Agreement and Pricing Information discloses a 13.99% purchase APR. Against the 4,587 filings on this site, that rate lands around the 12th percentile.

The disclosed terms

Synchrony Financial submitted the terms for Nissan Visa Card Account Agreement and Pricing Information to the CFPB's agreement database; this is what they contain. It is issued on the Visa network and the filing runs six pages.

Terms captured from the document include a purchase rate, a late payment maximum, a foreign transaction fee and a grace period. No figure appears for a cash advance rate, a balance transfer rate and a penalty rate.

Where the purchase APR sits

Set beside the rest of the index, the purchase APR of 13.99% lands at the 12th percentile; it falls in the low band of the corpus.

The agreement labels the purchase rate variable, so the quoted figure reflects the index at the time of filing rather than a locked-in price.

Translating the rate into money

Carry $4,000 on this card for a year without paying it down and the purchase rate alone generates roughly $601 in interest.

Measured against the 21.99% corpus median, the same $4,000 costs approximately $383 less per year here.

There is also a floor: the filing sets a minimum interest charge of $2, so any cycle that accrues less than that is billed at $2 anyway.

Treat this as an illustration of what the disclosed rate does, not as a projection of a real account, which would be shaped by payments and by the fees described elsewhere in the filing.

When a payment is late

$40 is the disclosed ceiling on a late payment fee, placing it near the 72nd percentile of the set.

Where the fees are

Cash advances carry a cash advance fee of $10 or 4% of the advance, whichever is greater. Advances under roughly $250 are charged the flat $10; larger ones are charged 4%.

Spending abroad costs an extra 3% — about $60 on $2,000 of purchases, independent of interest.

That is at the high end of this corpus — around the 91st percentile of disclosed foreign transaction fees.

The no-interest path

23 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing. With a corpus median of 25 days, this window is narrower than the norm.

Where interest applies at all, the filing bills at least $2. On a tiny balance that floor can dwarf the rate itself.

How it sits in the issuer's own range

212 separate Synchrony Financial filings appear in the corpus. Across that lineup purchase rates span 0% to 34.99%; this filing's 13.99% sits above 10 of the comparable ones.

The limits of this document

Absent from the captured terms: balance transfer terms, an annual fee and penalty pricing. The original document is the place to look for any of these.

It is worth being explicit about scope: these filings record terms and pricing. They say nothing about rewards programmes, cardholder benefits, promotional offers or who the issuer will approve, and this review does not speculate about any of it.

The document itself

The filed PDF is linked from this page and runs six pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.

In short

The purchase rate of 13.99% is one of the cheaper figures in this index — the central point in the agreement's favour.